QQEW vs. XSW ETF Comparison

Comparison of First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) to SPDR S&P Software & Services ETF (XSW)

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.42

Average Daily Volume

66,511

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$160.21

Average Daily Volume

9,797

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	QQEW	XSW
30 Days	3.98%	5.37%
60 Days	9.57%	12.16%
90 Days	0.25%	5.02%
12 Months	22.85%	29.37%

18 Overlapping Holdings

Symbol	Grade	Weight in QQEW	Weight in XSW	Overlap
ADBE	F	0.97%	0.66%	0.66%
ADSK	B	1.01%	0.71%	0.71%
ANSS	D	1.0%	0.7%	0.7%
CDNS	D	0.99%	0.7%	0.7%
CRWD	D	0.93%	0.76%	0.76%
CTSH	B	1.01%	0.68%	0.68%
DDOG	B	0.98%	0.72%	0.72%
EA	D	1.02%	0.68%	0.68%
FTNT	A	0.99%	0.71%	0.71%
INTU	F	0.97%	0.65%	0.65%
MSFT	D	0.98%	0.68%	0.68%
PANW	B	0.98%	0.66%	0.66%
ROP	D	0.98%	0.69%	0.69%
SNPS	F	1.0%	0.72%	0.72%
TEAM	D	0.99%	0.68%	0.68%
TTWO	D	1.01%	0.69%	0.69%
WDAY	D	0.98%	0.67%	0.67%
ZS	F	0.98%	0.69%	0.69%

QQEW Overweight 83 Positions Relative to XSW

Symbol	Grade	Weight
PDD	B	1.28%
MU	D	1.19%
AMAT	C	1.08%
INTC	D	1.08%
LRCX	D	1.08%
ASML	F	1.06%
ARM	C	1.06%
AMD	C	1.06%
KLAC	B	1.05%
TSLA	C	1.05%
NVDA	B	1.05%
BKNG	B	1.04%
ON	F	1.04%
AVGO	B	1.03%
MCHP	F	1.03%
PYPL	A	1.03%
NXPI	F	1.03%
ORLY	A	1.03%
TXN	C	1.02%
GFS	F	1.02%
TMUS	A	1.01%
LIN	C	1.01%
QCOM	D	1.01%
CMCSA	B	1.01%
DASH	A	1.01%
LULU	D	1.01%
GEHC	C	1.01%
ADI	B	1.01%
MAR	A	1.01%
META	A	1.0%
FAST	C	1.0%
CPRT	B	1.0%
CTAS	C	1.0%
SBUX	B	1.0%
CDW	D	1.0%
NFLX	A	1.0%
DLTR	F	1.0%
MNST	D	1.0%
CSCO	A	1.0%
HON	C	1.0%
MELI	D	0.99%
TTD	A	0.99%
ISRG	C	0.99%
VRSK	D	0.99%
MDLZ	D	0.99%
KDP	C	0.99%
IDXX	D	0.99%
ODFL	F	0.99%
CEG	A	0.99%
WBD	F	0.99%
ILMN	B	0.99%
PCAR	D	0.98%
GILD	A	0.98%
ROST	D	0.98%
PEP	F	0.98%
EXC	C	0.98%
ADP	A	0.98%
COST	C	0.98%
MRVL	C	0.98%
KHC	F	0.98%
VRTX	D	0.98%
AAPL	C	0.98%
AZN	D	0.98%
XEL	C	0.98%
AMZN	C	0.98%
PAYX	B	0.98%
MDB	D	0.97%
ABNB	D	0.97%
AEP	C	0.97%
CSX	D	0.96%
BIIB	F	0.96%
MRNA	F	0.96%
CCEP	C	0.96%
DXCM	F	0.95%
CHTR	D	0.95%
BKR	B	0.95%
CSGP	F	0.95%
AMGN	D	0.93%
FANG	D	0.92%
REGN	D	0.9%
SMCI	F	0.87%
GOOGL	B	0.49%
GOOG	B	0.49%

QQEW Underweight 116 Positions Relative to XSW

Symbol	Grade	Weight
CIFR	C	-0.91%
MSTR	B	-0.85%
AUR	C	-0.81%
WULF	C	-0.8%
SEMR	C	-0.78%
U	D	-0.78%
APP	A	-0.78%
PRGS	A	-0.78%
RIOT	F	-0.75%
DOCU	A	-0.75%
CRM	B	-0.75%
RPD	D	-0.75%
HUBS	D	-0.75%
QXO	F	-0.74%
MARA	F	-0.74%
ZETA	B	-0.74%
PEGA	B	-0.74%
RNG	F	-0.74%
WK	D	-0.74%
YOU	C	-0.74%
CLSK	F	-0.74%
ALTR	B	-0.74%
PRO	F	-0.73%
QTWO	B	-0.73%
AGYS	D	-0.73%
BL	D	-0.73%
SMAR	A	-0.73%
PTC	B	-0.73%
INTA	C	-0.73%
MANH	A	-0.73%
APPN	C	-0.73%
S	C	-0.73%
TDC	D	-0.73%
NCNO	F	-0.73%
PCOR	D	-0.73%
ORCL	A	-0.72%
DT	B	-0.72%
SPT	F	-0.72%
VRNS	B	-0.72%
ATEN	B	-0.72%
RBRK	D	-0.72%
CWAN	B	-0.72%
PLTK	C	-0.72%
AI	D	-0.72%
DLB	D	-0.72%
ESTC	F	-0.71%
IBM	A	-0.71%
ZM	B	-0.71%
FICO	C	-0.71%
DBX	C	-0.71%
QLYS	F	-0.71%
ALKT	D	-0.71%
GWRE	A	-0.71%
ACIW	A	-0.71%
PLTR	A	-0.71%
PD	F	-0.71%
APPF	C	-0.71%
IDCC	A	-0.71%
NABL	F	-0.71%
VERX	B	-0.7%
PATH	D	-0.7%
BSY	D	-0.7%
SWI	B	-0.7%
BILL	D	-0.7%
CVLT	B	-0.7%
INST	C	-0.69%
SPSC	D	-0.69%
PRFT	A	-0.69%
ENV	C	-0.69%
BLND	C	-0.69%
ACN	B	-0.69%
ALRM	F	-0.69%
HCP	A	-0.69%
PWSC	C	-0.69%
IOT	C	-0.69%
TENB	D	-0.69%
NOW	B	-0.69%
KD	D	-0.69%
DJCO	C	-0.69%
ASGN	D	-0.69%
FIVN	F	-0.69%
NTNX	C	-0.69%
FRSH	F	-0.69%
MITK	F	-0.69%
BOX	C	-0.68%
JAMF	F	-0.68%
DV	F	-0.68%
SOUN	F	-0.68%
INFA	D	-0.68%
EPAM	F	-0.68%
ETWO	F	-0.68%
BLKB	C	-0.68%
TYL	D	-0.68%
IT	A	-0.68%
VRNT	F	-0.67%
CXM	F	-0.67%
DXC	C	-0.67%
CFLT	F	-0.67%
ZUO	F	-0.67%
RAMP	F	-0.66%
OSPN	D	-0.66%
RBLX	D	-0.66%
ASAN	F	-0.66%
NNBR	C	-0.65%
BRZE	F	-0.65%
GTLB	D	-0.65%
OLO	F	-0.63%
MLNK	F	-0.6%
YEXT	B	-0.59%
IBUY	A	-0.55%
GDYN	B	-0.54%
WEAV	B	-0.47%
CCSI	C	-0.42%
DMRC	D	-0.39%
HCKT	D	-0.38%
AMSWA	C	-0.28%